Jim Zemlin, The Linux Foundation

"There is no other effort advancing an open blockchain with this level of broad industry representation and level of leadership."

The Linux Foundationhas announced that the Hyperledger Project has filled key
leadership positions and is welcoming new members. The
Hyperledger Project is a collaborative effort to establish, build
and sustain an open, distributed ledger platform that will
satisfy a variety of use cases across multiple industries.

The results of the Board of Directors and
Technical Steering Committee elections for the Hyperledger
Project include the following:

These appointments are made by member vote. The
TSC drives technical direction of the Hyperledger Project, while
the Governing Board manages business direction, including
governance, marketing and operational decisions.

The Hyperledger Project has also
announced ten new companies are joining the effort and
investing in the future of an open blockchain ledger:
Blockstream, Bloq, eVue Digital Labs, Gem, itBit, Milligan
Partners, Montran Labs, Ribbit.me, Tequa Creek Holdings and
Thomson Reuters.

"There is no other effort advancing an open
blockchain with this level of broad industry representation and
level of leadership," said Jim Zemlin, executive director at The
Linux Foundation. "The Hyperledger Project is among our fastest
growing projects at The Linux Foundation. The opportunity is
great. This leadership team and the community investments among
members across industries put the project in the best position
possible to accomplish its mission.

The Hyperledger Project is gaining traction on a
daily basis, displaying how vital this effort is in advancing
distributed ledger technology," said Blythe Masters, CEO of
Digital Asset Holdings and Board chair for the Hyperledger
Project. "Uniting the industry to drive this initiative forward
is paramount to the success of distributed ledger technology. The
Linux Foundation and its members are collaborating on an open
source infrastructure that will increase privacy and scalability,
among many other benefits."

These member investments demonstrate that
blockchain technology continues to grow in importance as the
alternative approach to multinational business transactions,"
said Chris Ferris, IBM Distinguished Engineer, CTO Open
Technology, and Technical Steering Committee chair, Hyperledger
Project. "By providing a community for members to collaborate and
contribute to an open source blockchain solution, we're able to
advance the technology collectively and ultimately drive quicker
adoption and higher value across industries.

"We're excited about our partnership with the
Hyperledger Project and collaborating with other members to
accelerate deeper collaboration and a shared vision for the
evolving blockchain technology and its applications in financial
services, government, and enterprises," said Bob Schukai, head of
applied innovation, Thomson Reuters.